Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
Road Rules
Road Rules Video Gallery
Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Text Size
Nov.12
10:45 AM ET
Monday, 12 Nov 2007
Foster Wheeler CEO: Business Getting Bigger

Cramer got behind Foster Wheeler back in April when it was trading around $68. Now it’s a $150 stock and some are calling a top in this engineering and power giant. But Cramer doesn’t think the best is over for FWLT [FWLT  Loading...      ()   ].

On Friday’s Mad Money, CEO Raymond Milchovich visited Cramer on set and said Foster’s biggest and best days are ahead of it. The markets that support Foster’s businesses are strong, Milchovich said, and the projects the company is engaged in are getting even larger in scale.

It’s also on the “leading edge” of green technology, Milchovich said, which is exemplified in its simultaneous investments in wind farm projects in Italy as well as ‘carbon capture’ technology for clean coal plants in North America and Spain.

And investors should feel confident in Foster’s “rest-of-world” exposure, Cramer said. According to Milchovich, 75 to 80 percent of the company’s business falls outside of North America. It has a bulk of its operations in the Middle East but is also expanding rapidly into Asia Pacific and Australia, he said.

The bottom line? There’s green to be made in environmentally friendly stocks, as Cramer has demonstrated all week. Foster Wheeler has the added value of being internationally diversified and a company with real organic growth. FWLT is part of a genuine global bull market, as far as Cramer is concerned.




Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 01:30:04 01 Dec 2009
LinksList Documentid: 29778428

Current DateTime: 01:04:12 01 Dec 2009
LinksList Documentid: 29779196

Current DateTime: 10:29:37 01 Dec 2009
LinksList Documentid: 29779199

Current DateTime: 07:24:02 01 Dec 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters